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← AMERICAN CHEMICAL SOCIETY

Form 990 for tax year 2022

Filed by AMERICAN CHEMICAL SOCIETY.

Totals

Total revenue
$711,010,758
Total expenses
$688,273,743
Contributions and grants received
$5,837,967
Grants paid
$22,754,340
Program service revenue
$700,575,732
Investment income
$1,576,975
Other revenue
$3,020,084
Total assets, end of year
$1,718,070,905
Total liabilities, end of year
$355,246,050
Net assets or fund balances, end of year
$1,362,824,855
Program services expenses (Part IX)
$613,486,758
Management and general expenses
$73,281,255
Fundraising expenses
$1,505,730
Program service expenses (Part III)
$613,486,758

Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $701,767

  • 1f · All other contributions, gifts and grants

    $5,136,200

  • 1g · Noncash contributions included above

    $18,867

  • 2a · Program service revenue: INFORMATION SERVICES

    total $673,883,387 · related or exempt $665,089,385 · unrelated business $8,794,002

  • 2b · Program service revenue: EDUCATION & MEMBERSHIP

    total $15,610,342 · related or exempt $7,599,082 · unrelated business $138,000 · excluded $7,873,260

  • 2c · Program service revenue: MEMBER INSURANCE PROGRAM

    total $11,082,003 · unrelated business $11,082,003

  • 3 · Investment income

    total $24,273,573 · unrelated business $239,945 · excluded $24,033,628

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $2,666,462 · excluded $2,666,462

  • 6a · Gross rents

    real property $16,998 · personal property $0

  • 6b · Less rental expenses

    real property $12,874 · personal property $0

  • 6c · Rental income or loss

    real property $4,124 · personal property $0

  • 6d · Net rental income or loss

    total $4,124 · related or exempt $4,124

  • 7a · Gross sales of assets other than inventory

    securities $799,493,570

  • 7b · Less cost or other basis and sales expenses

    securities $822,190,168

  • 7c · Gain or loss

    securities -$22,696,598

  • 7d · Net gain or loss

    total -$22,696,598 · excluded -$22,696,598

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $349,498 · related or exempt $349,498

  • 11e · Other revenue, total

    $349,498

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,401,016 · program services $20,401,016

  • 2 · Grants to domestic individuals

    total $900,247 · program services $900,247

  • 3 · Grants to foreign organizations and individuals

    total $1,453,077 · program services $1,453,077

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $5,555,454 · program services $2,660,700 · management and general $2,894,754

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $216,566,154 · program services $190,028,176 · management and general $25,591,879 · fundraising $946,099

  • 8 · Pension plan contributions

    total $18,989,768 · program services $5,666,913 · management and general $13,297,546 · fundraising $25,309

  • 9 · Other employee benefits

    total $32,981,652 · program services $41,875,015 · management and general -$9,078,438 · fundraising $185,075

  • 10 · Payroll taxes

    total $15,849,724 · program services $14,083,293 · management and general $1,705,379 · fundraising $61,052

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $1,997,406 · program services $411,406 · management and general $1,549,949 · fundraising $36,051

  • 11c · Fees: accounting

    total $489,865 · program services $15,000 · management and general $474,865

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $5,000 · fundraising $5,000

  • 11g · Fees: other

    total $168,082,892 · program services $164,022,181 · management and general $3,979,796 · fundraising $80,915

  • 12 · Advertising and promotion

    total $15,678,626 · program services $15,410,013 · management and general $258,293 · fundraising $10,320

  • 13 · Office expenses

    total $5,357,813 · program services $4,746,826 · management and general $553,574 · fundraising $57,413

  • 14 · Information technology

    total $53,344,726 · program services $39,616,442 · management and general $13,686,598 · fundraising $41,686

  • 15 · Royalties

    total $14,257,871 · program services $14,257,871

  • 16 · Occupancy

    total $10,190,405 · program services $7,054,288 · management and general $3,131,400 · fundraising $4,717

  • 17 · Travel

    total $7,418,739 · program services $5,737,031 · management and general $1,657,668 · fundraising $24,040

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $13,888,559 · program services $12,340,689 · management and general $1,543,411 · fundraising $4,459

  • 20 · Interest

    total $2,306,049 · management and general $2,306,049

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $36,806,436 · program services $29,697,513 · management and general $7,108,923

  • 23 · Insurance

    total $660,865 · program services $128,856 · management and general $532,009

  • 24a · Other expenses: PREMIUM

    total $11,594,945 · program services $11,594,945

  • 24b · Other expenses: LIBRARY

    total $13,391,352 · program services $12,929,781 · management and general $459,650 · fundraising $1,921

  • 24c · Other expenses: PUBLICATION AND DISTRIBUTION

    total $4,786,343 · program services $4,938,923 · management and general -$152,598 · fundraising $18

  • 24d · Other expenses: EMPL TRAIN/DEV/RECRUITMENT

    total $4,670,899 · program services $3,400,179 · management and general $1,269,930 · fundraising $790

  • 24e · All other expenses

    total $10,647,860 · program services $10,116,377 · management and general $510,618 · fundraising $20,865

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $83,231,829 · end of year $29,543,313

  • 2 · Savings and temporary cash investments

    beginning of year $52,511 · end of year $18,001,714

  • 3 · Pledges and grants receivable

    beginning of year $3,519,504 · end of year $2,290,778

  • 4 · Accounts receivable

    beginning of year $53,484,093 · end of year $66,073,194

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $51,276 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $32,936,464 · end of year $30,187,948

  • 10a · Land, buildings and equipment: cost or other basis

    $489,680,164

  • 10b · Land, buildings and equipment: accumulated depreciation

    $364,401,647

  • 10c · Land, buildings and equipment, net

    beginning of year $127,780,856 · end of year $125,278,517

  • 11 · Investments: publicly traded securities

    beginning of year $1,490,031,889 · end of year $1,214,019,671

  • 12 · Investments: other securities

    beginning of year $175,122,868 · end of year $217,883,632

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $16,375,128 · end of year $14,792,138

  • 17 · Accounts payable and accrued expenses

    beginning of year $89,681,513 · end of year $87,795,929

  • 18 · Grants payable

    beginning of year $1,244,852 · end of year $786,713

  • 19 · Deferred revenue

    beginning of year $145,545,255 · end of year $150,507,078

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $60,346,200 · end of year $60,355,292

  • 25 · Other liabilities

    beginning of year $67,416,403 · end of year $55,801,038

  • 27 · Net assets without donor restrictions

    beginning of year $727,639,429 · end of year $628,859,262

  • 28 · Net assets with donor restrictions

    beginning of year $890,712,766 · end of year $733,965,593

Mission and programs · 2022

Mission

THE AMERICAN CHEMICAL SOCIETY IS A FEDERALLY CHARTERED ORGANIZATION WHOSE MISSION IS TO ADVANCE THE BROADER CHEMISTRY ENTERPRISE AND ITS PRACTITIONERS FOR THE BENEFIT OF EARTH AND ITS PEOPLE.

Activities or mission (Part I)

The ACS is a federally chartered organization whose mission is to advance the broader chemistry ENTERPRISE & ITS PRACTITIONERS for the benefit of earth & its people.

  • INFORMATION SERVICES THE AMERICAN CHEMICAL SOCIETY (ACS) ACHIEVES ITS GOAL TO BE AN INDISPENSABLE PROFESSIONAL AND INFORMATION RESOURCE FOR MEMBERS AND OTHER CHEMISTRY-RELATED PRACTITIONERS THROUGH TWO PUBLISHING DIVISIONS, CAS, AND ACS PUBLICATIONS. THESE DIVISIONS PROVIDE SIGNIFICANT SERVICES TO ACS MEMBERS AND THE GLOBAL SCIENTIFIC COMMUNITY WITH ACCURATE, TIMELY, AND AUTHORITATIVE CHEMICAL AND RELATED SCIENTIFIC INFORMATION. CAS PROVIDES SCIENTIFIC INFORMATION SOLUTIONS, PARTNERING WITH INNOVATORS AROUND THE WORLD TO ACCELERATE SCIENTIFIC BREAKTHROUGHS. CAS EMPLOYS EXPERTS WHO CURATE, CONNECT, AND ANALYZE SCIENTIFIC KNOWLEDGE TO REVEAL UNSEEN CONNECTIONS. FOR OVER 100 YEARS, SCIENTISTS, PATENT PROFESSIONALS, AND BUSINESS LEADERS HAVE RELIED ON CAS SOLUTIONS AND EXPERTISE TO PROVIDE THE HINDSIGHT, INSIGHT, AND FORESIGHT THEY NEED SO THEY CAN BUILD UPON THE LEARNINGS OF THE PAST TO DISCOVER A BETTER FUTURE. CAS PROVIDES POWERFUL INFORMATION SOLUTIONS, INCLUDING THE CAS SCIFINDER DISCOVERY PLATFORMTM AND THE STN IP PROTECTION SUITETM THAT IMPROVE PRODUCTIVITY AND HELP ADVANCE DISCIPLINES - BE IT IN CHEMISTRY AND RELATED SCIENCES OR INTELLECTUAL PROPERTY. CAS'S BROAD-BASED, EASY TO USE SOLUTIONS DRIVE DISCOVERY AND DEEP INSIGHTS FOR THE SCIENTIFIC ENTERPRISE THAT LEAD TO INNOVATIONS RANGING FROM PRODUCT IMPROVEMENTS TO REVELATIONS THAT SOLVE SOME OF THE WORLD'S GREATEST CHALLENGES IN AREAS FROM TREATMENT OF DISEASE TO SUSTAINABLE ENERGY, OR TO GLOBAL FOOD SUPPLY NEEDS. CAS BRINGS UNIQUE CAPABILITIES TO DESIGN CAS CUSTOM SERVICES THAT MAXIMIZE THE STRATEGIC IMPACT OF SCIENTIFIC INFORMATION, INCLUDING DIGITAL ASSETS, POWERING DATA-DRIVEN DECISIONS AND ENABLING ORGANIZATIONS TO INNOVATE MORE EFFICIENTLY. TO EXTEND CAS'S PRESENCE INTO THE LIFE SCIENCES AND TO HELP MEDICINAL CHEMISTS AND MOLECULAR BIOLOGIST SPEE UP DRUG DISCOVERY, CAS ROLLED OUT INFORMATION ON BIOLOGICAL SEQUENCES AND BIOACTIVITY TO CUSTOMERS IN LATE 2022. ACS PUBLICATIONS DELIVERED A STRONG PERFORMANCE IN 2022 AS THE WORLD BEGAN TO RECOVER FROM THE COVID-19 PANDEMIC. THE DIVISION CONTINUED TO MAKE ALL COVID-19 RELEVANT CONTENT FREE-TO-ACCESS, SUPPORTING THE FIGHT AGAINST THE VIRUS, AND INCREASING PUBLIC AWARENESS THROUGH RELEVANT JOURNAL ARTICLES. ACS JOURNALS CONTINUED TO GROW IN SUBMISSIONS, USAGE, AND CITATIONS. 2022 HIGHLIGHTS INCLUDED THE FOLLOWING: . ACS JOURNALS CONTINUED THEIR GLOBAL LEADERSHIP AND INFLUENCE. THE PORTFOLIO OF ACS PEER REVIEWED JOURNALS CONTINUED TO REPRESENT THE MOST TRUSTED, MOST CITED, MOST READ SCIENTIFIC PUBLICATIONS IN THEIR RESPECTIVE FIELDS. DURING 2022, KEY EDITORIAL AND QUALITY METRICS CONTINUED TO SHOW STRONG PERFORMANCE, WITH: . OVER 59K ARTICLES PUBLISHED . OVER 260 MILLION FULL-TEXT ARTICLE DOWNLOADS . OVER 4.6 MILLION TOTAL CITATIONS REPORTED . 73% OF JOURNALS ACHIEVING THEIR HIGHEST EVER IMPACT FACTOR . ACS PUBLICATIONS EXPANDED THEIR GLOBAL PRESENCE. REFLECTING THE GLOBAL NATURE OF SCIENCE, ACS JOURNALS INCREASED THEIR ENGAGEMENT WITH THE GLOBAL COMMUNITY OF RESEARCHERS THROUGH THE IDENTIFICATION AND APPOINTMENT OF RESEARCH-ACTIVE SCIENTISTS TO KEY EDITORIAL POSTS. . ACS JOURNALS ENABLED OPEN ACCESS/OPEN SCIENCE. ACS PUBLICATIONS CONTINUED ITS LEADING ACTIVITIES AND ENGAGEMENT TO ENABLE OPEN ACCESS/OPEN SCIENCE. THE DIVISION ALIGNED ITS FULL PORTFOLIO OF MORE THAN 60 HYBRID JOURNALS, WHICH OFFERS BOTH OPEN ACCESS AND SUBSCRIPTION-ONLY CONTENT, TO BE TRANSFORMATIVE JOURNALS, COMMITTED TO SUPPORT THE TRANSITION TO OPEN ACCESS. . DIGITAL TRANSFORMATION ADVANCED NEW PRODUCT DEVELOPMENT. THE DIGITAL TRANSFORMATION OFFICE SCALED CUSTOMER DISCOVERY ACTIVITIES, BOTH WITH EXTERNAL AND INTERNAL STAKEHOLDERS, TO BETTER REFINE NEW PRODUCT OFFERINGS. STRATEGIC OPTIONS AND COMPETITIVE ANALYSIS STUDIES WERE COMPLETED TO INFORM BOTH TECHNOLOGY AND BUSINESS MODELS DECISIONS. . ACS JOURNALS PRIORITIZED DIVERSITY, EQUITY, INCLUSION, AND RESPECT (DEIR). THE DIVISION CONTINUED TO ADVANCE THE COMMITMENTS MADE IN 2020 TO CONFRONT RACISM IN CHEMISTRY JOURNALS AND CONTRIBUTE TO A MORE INCLUSIVE RESEARCH SYSTEM. THE COMMUNICATIONS DIVISION IS COMPRISED OF ACS ADVERTISING SALES AND MARKETING, C&EN, COMMUNICATIONS, AND WEB STRATEGY & OPERATIONS. ITS MISSION IS TO PROVIDE NEWS AND ACS INFORMATION AND TO COMMUNICATE THE VITAL ROLE OF CHEMICAL PROFESSIONALS AND THE CHEMICAL SCIENCES IN SOLVING CRITICAL GLOBAL CHALLENGES AND IMPROVING EVERYDAY LIFE TO THE PUBLIC, POLICYMAKERS, NEWS MEDIA, AND ACS MEMBERS. THE FUNCTION COORDINATES MESSAGE DEVELOPMENT AND SPEECHWRITING; PROMOTION OF SOCIETY NEWS AND PUBLICATIONS TO THE MEDIA; COMMUNICATION OF SOCIETY NEWS TO ITS MEMBERS; CONDUCTS MEDIA TRAINING AND TRAINING/TECHNICAL ASSISTANCE TO MEMBERS INVOLVED IN COMMUNICATIONS; SALES AND MARKETING OF SOCIETY CONTENT; AND OVERSEES THE PREPARATION OF THE SOCIETY'S ANNUAL REPORT, AMONG OTHER THINGS. IN ADDITION, THE FUNCTION ALSO OVERSEES THE SOCIETY'S WEB PRESENCE, SOCIAL MEDIA PRESENCE, AND MULTIMEDIA EFFORTS.

    Expenses $532,638,187 · Revenue $673,883,387

  • EDUCATION AND MEMBERSHIP SUPPORTING EXCELLENCE IN EDUCATION IS A STRATEGIC GOAL OF ACS. ACS RESOURCES, SERVICES, AND PRODUCTS FOSTER THE DEVELOPMENT OF INNOVATIVE, RELEVANT, AND EFFECTIVE CHEMISTRY AND CHEMISTRY-RELATED EDUCATION THAT PREPARES A SCIENTIFICALLY LITERATE CITIZENRY AND HIGHLY QUALIFIED CHEMICAL WORKFORCE READY TO ADDRESS GLOBAL CHALLENGES. IN 2022, ACS PROVIDED FORMAL AND INFORMAL EDUCATIONAL RESOURCES, INSTRUCTION, AND MENTORSHIP FOR ELEMENTARY, SECONDARY, UNDERGRADUATE, AND GRADUATE STUDENTS AND EDUCATORS. THE AMERICAN ASSOCIATION OF CHEMISTRY TEACHERS (AACT) ENDED 2022 WITH MORE THAN 8,136 MEMBERS, HAVING INCREASED MEMBER ENGAGEMENT AND RETENTION TO 81 PERCENT. THE ACS WEBSITE FOR THE "GET THE FACTS OUT" PROJECT WAS PROMOTED, PROVIDING INFORMATION AND A TOOL KIT FOR CHANGING THE MISPERCEPTIONS AROUND CAREERS IN TEACHING SCIENCE AND MATH IN SECONDARY SCHOOLS. IN 2022, THE US CHEMISTRY OLYMPIAD TEAM WON ONE GOLD AND THREE SILVER MEDALS AT THE 54TH INTERNATIONAL CHEMISTRY OLYMPIAD. THE IMPACT OF SCIENCE OUTREACH, INCLUDING CHEMISTS CELEBRATE EARTH WEEK AND NATIONAL CHEMISTRY WEEK, WAS ENHANCED BY 36 CHEMISTRY FESTIVAL GRANTS, THE FESTIVAL TRAINING INSTITUTE, AND THE OUTREACH TRAINING PROGRAM, OFFERED VIRTUALLY AND AT FOUR IN-PERSON EVENTS. ACS HOSTED THE LASTING ENCOUNTERS BETWEEN ASPIRING AND DISTINGUISHED SCIENTISTS (LEADS) CONFERENCE FOR THE FIRST TIME IN 2022. THIS 3-DAY EVENT DESIGNED TO PREPARE HIGH-POTENTIAL YOUNG PROFESSIONALS AND STUDENTS FOR SUCCESSFUL AND IMPACTFUL CAREERS THAT ADDRESS GLOBAL CHALLENGES, WAS ATTENDED BY 62 ASPIRING AND 21 DISTINGUISHED SCIENTISTS. WORKING WITH THE FIVE SCIENTIFIC SOCIETIES THAT ESTABLISHED THE INCLUSIVE GRADUATE EDUCATION NETWORK, THE ACS BRIDGE PROJECT EXTENDED ITS REACH IN 2022 TO INCLUDE 44 CHEMICAL SCIENCES DEPARTMENT, OVER 90 ACS BRIDGE FELLOWS, AND A COLLECTION OF PROFESSIONAL DEVELOPMENT ACTIVITIES FOCUSED ON INCREASING THE NUMBER OF UNDERREPRESENTED MINORITY STUDENTS WHO RECEIVE DOCTORAL DEGRESS IN CHEMICAL SCIENCES. THE ACS SCHOLARS PROGRAM PROVIDED $1.3M SCHOLARSHIPS TO 350 UNDERGRADUATE STUDENTS FROM UNDERREPRESENTED GROUPS IN 2022. WORKING WITH 244 MENTORS, ACS PROJECT SEED OFFERED IN-PERSON AND VIRTUAL SUMMER RESEARCH EXPERIENCES TO 269 HIGH SCHOOL STUDENTS IN 2022, ALONG WITH A WEEK-LONG VIRTUAL ORIENTATION FOCUSED ON LAB PREPAREDNESS AND PROFESSIONAL DEVELOPMENT AND WEEKLY VIRTUAL SEMINARS. FOR THE 2021-2022 SCHOOL YEAR, ACS AWARDED 50 PROJECT SEED COLLEGE SCHOLARSHIPS TO ALUMNI ENTERING THEIR FRESHMAN YEAR IN COLLEGE. GREEN CHEMISTRY EDUCATIONAL ACTIVITIES INCLUDED: THE 2022 SUMMER SCHOOL ON GREEN CHEMISTRY AND SUSTAINABLE ENERGY, ATTENDED BY 62 STUDENTS FROM NORTH AND SOUTH AMERICA; GREEN CHEMISTRY STUDENT AWARDS; AND 15 PILOT GREEN AND SUSTAINABLE CHEMISTRY MODULES FOR UNDERGRADUATE CURRICULA. THE NEW INITIATIVE ON FOSTERING A SKILLED TECHNICAL WORKFORCE BEGAN ENGAGING A DIVERSE NETWORK OF STAKEHOLDERS CRITICAL TO THE RECRUITMENT AND PREPARATION OF STUDENTS AND POTENTIAL EMPLOYEES USING SCIENCE AND ENGINEERING SKILLS IN THEIR JOBS, BUT NOT HOLDING A BACHELOR'S DEGREE. RECOGNITION, WORKSHOPS, AND GRANTS WERE OFFERED TO STUDENTS AND EDUCATORS. ELECTRONIC CREDENTIALS WERE OFFERED TO OVER 1200 CERTIFIED GRADUATES OF ACS-APPROVED PROGRAMS. A DISCUSSION SERIES FOCUSED ON UNDERGRADUATED EDUCATION FOR CHAIRS OF CHEMISTRY DEPARTMENTS CONTINUED IN 2022. ACS COMPLETED AND ASSESSED THE SPECIAL 2021-2022 ACADEMIC YEAR MINI-GRANT PROGRAM THAT SUPPORTED THE FACILITATION OF 44 LABORATORY SKILLS SHORT COURSES. THE ACS INSTITUTE, AN ONLINE PORTAL TO A COLLECTION OF PROFESSIONAL AND CAREER DEVELOPMENT RESOURCES, WAS EXPANDED WITH A NEW CENTER FOR ENTREPRENEURSHIP EDUCATION AND ADDITIONAL WORKSHOPS. THE ACS CAREER CONSULTANTS PROGRAM AND VIRTUAL OFFICE HOURS WERE EXPANDED. THE SAFE PRACTICE OF CHEMISTRY WAS ADVANCED BY THE RELEASE OF 6 ACS COLLEGE SAFETY VIDEOS AND 16 FOUNDATIONS OF CHEMICAL SAFETY AND RISK MANAGEMENT MODULES. OVER 1,500 PEOPLE HAVE COMPLETED THE FULL SET OF MODULES. THE ACS PRESIDENTIAL SAFETY SUMMIT, WITH 29 INVITED PARTICIPANTS, FOCUSED ON SAFETY PREPARATION OF PHD CHEMISTS FOR INDUSTRIAL CAREERS. ACS MEMBERSHIP PROGRAMS ARE ADMINISTERED WITH THE VISION THAT ACS WILL BE THE PREMIER PROFESSIONAL MEMBERSHIP ORGANIZATION FOR ALL PRACTITIONERS OF CHEMISTRY WORLDWIDE. IN 2022, ACS CLOSED THE YEAR WITH A MEMBERSHIP OF OVER 173,000 INDIVIDUALS. THE HYBRID SPRING 2022 AND FALL 2022 MEETINGS HAD MORE THAN 13,300 AND 12,600 REGISTRANTS FROM 75 AND 83 COUNTRIES, RESPECTIVELY, EACH WITH OVER 10,000 SUBMITTED ABSTRACTS. SEVEN ACS REGIONAL MEETINGS WERE HELD IN 2022, ATTRACTING MORE THAN 5,500 REGISTRANTS. ACS HOSTED AND SUPPORTED A COLLECTION OF 15 OTHER SPECIALTY CONFERENCES, EVENTS, AND MEETINGS IN 2022, ATTRACTING MORE THAN 3,000 ATTENDEES. THIS INCLUDED THE 26TH GREEN CHEMISTRY & ENGINEERING CONFERENCE HELD IN A HYBRID FORMAT WITH 529 IN-PERSON AND 330 VIRTUAL ATTENDEES. OTHER ACS EVENTS INCLUDED COLLOQUIA, WEBINARS, AND WORKSHOPS HELD IN CONJUCTION WITH OTHER MEETINGS AND CONFERENCES, AS WELL AS INDEPENDENTLY. ACS WAS ONE OF EIGHT CHEMICAL SOCIETIES HOSTING THE ATLANTIC BASIN CONFERENCE ON CHEMISTRY (ABCCHEM) WITH 250 REGISTRANTS FROM 32 COUNTRIES. ACS LAUNCHED THE CAMPAIGN FOR A SUSTAINABLE FUTURE, HOSTING THE ZERO HUNGER SUMMIT, A VIRTUAL 4-DAY EVENT WITH OVER 1000 REGISTRANTS. THREE NEW SERVICES, THE ACS SPEAKER DIRECTORY, ACS LINK, AND ACCESS TO LINKEDIN LEARNING, WERE INTRODUCED FOR ACS MEMBERS. INDUSTRY MEMBER ENGAGEMENT WAS INCREASED WITH 2 ACS LINK IN-PERSON CONNECT PILOTS, 2 INDUSTRY NETWORKING RECEPTIONS, 3 SUMMITS FOR CHIEF TECHNOLOGY OFFICERS, 6 HEROES OF CHEMISTRY AWARDS, AND AN ENTREPRENEURSHIP CONFERENCE. THE ACS GREEN CHEMISTRY INSTITUTE INDUSTRIAL ROUNDTABLES DISTRIBUTED $300,000 IN RESEARCH GRANTS. ACS SUPPORTED A RANGE OF COMMUNITIES IN 2022, INCLUDING 32 TECHNICAL DIVISIONS, OVER 200 BRANCHES (US LOCAL SECTIONS AND INTERNATIONAL CHEMICAL SCIENCES CHAPTERS), 15 ACS GRADUATE STUDENT ORGANIZATIONS AND ~1200 DOMESTIC ACS STUDENT CHAPTERS AND 109 ACS INTERNATIONAL STUDENT CHAPTERS. THE 2022 ACS LEADERSHIP INSTITUTE AND THREE GLOBAL SUMMITS WERE HELD FOR ACS VOLUNTEER LEADERS. IN 2022, 73 PEOPLE WERE RECOGNIZED WITH 59 NATIONAL AWARDS AT A CEREMONY WITH 500 ATTENDEES, 18 ACS COMMITTEES RECEIVED CHEMLUMINARY AWARDS AT A CEREMONY WITH OVER 150 ATTENDEES, AND 45 ACS FELLOWS WERE INDUCTED. NINE 5-YEAR HERMAN FRASCH FOUNDATION GRANTS OF $250,000 EACH WERE AWARDED FOR AGRICULTURAL CHEMISTRY. A 2-YEAR IRVING S. SIGAL POSTDOCTORAL FELLOWSHIP, WITH A TOTAL VALUE OF $150,000, WAS ALSO AWARDED.

    Expenses $49,573,485 · Grants $7,245,380 · Revenue $15,610,342

  • ACS PETROLEUM RESEARCH FUND THE ACS PETROLEUM RESEARCH FUND IS A PERMANENTLY RESTRICTED ENDOWMENT ESTABLISHED TO PROVIDE RESOURCES FOR ADVANCED SCIENTIFIC EDUCATION AND FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD, WHICH MAY INCLUDE ANY FIELD OF PURE SCIENCE WHICH AFFORDS A BASIS FOR SUBSEQUENT RESEARCH DIRECTLY CONNECTED WITH THE PETROLEUM FIELD. IN 2022, THE ACS PRF FUNDED 181 GRANTS, TOTALING $18.1 MILLION. THE GRANTS INCLUDED 67 NEW DIRECTIONS GRANTS; 78 DOCTORAL NEW INVESTIGATOR GRANTS; 13 UNDERGRADUATE RESEARCH GRANTS; AND 23 UNDERGRADUATE NEW INVESTIGATOR GRANTS. THE FOLLOWING TYPES OF GRANTS ARE AMONG THOSE FUNDED BY THE ACS PETROLEUM RESEARCH FUND: - RESEARCH GRANTS FOR FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD AT PHD-GRANTING INSTITUTIONS. RESEARCH GRANTS TO ACADEMIC INSTITUTIONS FOR REGULARLY APPOINTED FACULTY SCIENTISTS AND ENGINEERS TO ASSIST ADVANCED SCIENTIFIC EDUCATION AND FUNDAMENTAL RESEARCH. - RESEARCH GRANTS FOR FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD AT THE UNDERGRADUATE LEVEL. RESEARCH GRANTS TO ACADEMIC INSTITUTIONS ON BEHALF OF FACULTY MEMBERS IN DEPARTMENTS NOT OFFERING A DOCTORAL DEGREE, TO SUPPORT THEIR RESEARCH WITH PARTICIPATION BY UNDERGRADUATES. - RESEARCH GRANTS FOR FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD FOR NEW FACULTY. STARTER GRANTS TO ASSIST THE RESEARCH OF YOUNG FACULTY MEMBERS WITH A PHD DEGREE WHO ARE WITHIN THEIR FIRST THREE YEARS OF THEIR FIRST ACADEMIC APPOINTMENT AS REGULAR FACULTY MEMBERS OF COLLEGES AND UNIVERSITIES IN THE UNITED STATES.

    Expenses $17,786,372 · Grants $15,508,960

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mr Manuel Guzman

    PRESIDENT, CAS

    Total calculated
    $1,897,320
    From this org
    $1,833,224
    From related orgs
    $0
    Other
    $64,096
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $856,128
    Bonus
    $972,040
    Other
    $5,056
    Deferred
    $27,450
    Nontaxable benefits
    $36,646
    Filer's total
    $1,897,320
  • Dr Thomas M Connelly Jr

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $1,204,963
    From this org
    $1,139,404
    From related orgs
    $0
    Other
    $65,559
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $821,415
    Bonus
    $294,505
    Other
    $23,484
    Deferred
    $27,450
    Nontaxable benefits
    $38,109
    Filer's total
    $1,204,963
  • Dr James Milne

    PRESIDENT, ACS PUBS

    Total calculated
    $751,730
    From this org
    $0
    From related orgs
    $709,525
    Other
    $42,205
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $417,829 related
    Bonus
    $0 + $277,991 related
    Other
    $0 + $13,705 related
    Deferred
    $0 + $42,205 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $751,730 related
  • Mr Bollampalli Rao

    CTO VP INFO TECH, CAS

    Total calculated
    $688,523
    From this org
    $620,429
    From related orgs
    $0
    Other
    $68,094
    Hours/week
    40 + 1.5 related

    Schedule J breakdown matched by us

    Base
    $438,530
    Bonus
    $174,989
    Other
    $6,910
    Deferred
    $27,450
    Nontaxable benefits
    $40,644
    Filer's total
    $688,523
  • Mr Albert Horvath

    TREASURER & CFO

    Total calculated
    $637,080
    From this org
    $584,300
    From related orgs
    $0
    Other
    $52,780
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $458,340
    Bonus
    $119,012
    Other
    $6,948
    Deferred
    $27,450
    Nontaxable benefits
    $25,330
    Filer's total
    $637,080
  • Ms Sarah Tegen

    SVP JOURNALS PUBS GROUP

    Total calculated
    $626,312
    From this org
    $571,844
    From related orgs
    $0
    Other
    $54,468
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $348,287
    Bonus
    $222,365
    Other
    $1,192
    Deferred
    $27,450
    Nontaxable benefits
    $27,018
    Filer's total
    $626,312
  • Mr Craig Stephens

    SVP SALES & MARKETING, CAS

    Total calculated
    $601,765
    From this org
    $536,677
    From related orgs
    $0
    Other
    $65,088
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $381,380
    Bonus
    $151,521
    Other
    $3,776
    Deferred
    $27,450
    Nontaxable benefits
    $37,638
    Filer's total
    $601,765
  • Dr Michael Dennis

    VP,LEGAL ADM, PMO & INNVTN,CAS

    Total calculated
    $587,467
    From this org
    $524,410
    From related orgs
    $0
    Other
    $63,057
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $378,852
    Bonus
    $141,829
    Other
    $3,729
    Deferred
    $27,450
    Nontaxable benefits
    $35,607
    Filer's total
    $587,467
  • Mr Flint H Lewis

    SECRETARY & GENERAL COUNSEL

    Total calculated
    $586,691
    From this org
    $533,333
    From related orgs
    $0
    Other
    $53,358
    Hours/week
    40 + 6 related

    Schedule J breakdown matched by us

    Base
    $417,872
    Bonus
    $109,149
    Other
    $6,312
    Deferred
    $27,450
    Nontaxable benefits
    $25,908
    Filer's total
    $586,691
  • Mr Eric R Kimball

    VP FINANCE, CAS

    Total calculated
    $579,446
    From this org
    $527,595
    From related orgs
    $0
    Other
    $51,851
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $376,234
    Bonus
    $147,687
    Other
    $3,674
    Deferred
    $27,450
    Nontaxable benefits
    $24,401
    Filer's total
    $579,446
  • Mr John R Sullivan

    CHIEF INFORMATION OFFICER

    Total calculated
    $466,020
    From this org
    $407,762
    From related orgs
    $0
    Other
    $58,258
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,274
    Bonus
    $101,805
    Other
    $72,683
    Deferred
    $21,352
    Nontaxable benefits
    $36,906
    Filer's total
    $466,020
  • Dr Wayne E Jones Jr

    DIRECTOR-AT-LARGE

    Total calculated
    $7,000
    From this org
    $7,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • Dr Lisa Balbes

    DIRECTOR, DISTRICT V

    Total calculated
    $4,650
    From this org
    $4,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • Dr Paul W Jagodzinski

    CHAIR & DIRECTOR, DISTRICT VI

    Total calculated
    $0
    Hours/week
    20
  • Dr Angela K Wilson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    20
  • Dr Judith Giordan

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    10
  • Dr H N Cheng

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Dr Katherine L Lee

    DIRECTOR, DISTRICT I

    Total calculated
    $0
    Hours/week
    10
  • Dr Christina Bodurow

    DIRECTOR, DISTRICT II

    Total calculated
    $0
    Hours/week
    10
  • Dr Teri Quinn Gray

    DIRECTOR, DISTRICT III

    Total calculated
    $0
    Hours/week
    10
  • Ms Lisa Houston

    DIRECTOR, DISTRICT IV

    Total calculated
    $0
    Hours/week
    10
  • Dr Bryan Balazs

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10
  • Dr Lee H Latimer

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10
  • Dr Natalie Lafranzo

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10
  • Dr Dorothy J Phillips

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10
  • Dr Carolyn Ribes

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A:
FOR EACH OF THE LISTED BENEFITS PROVIDED TO OR FOR A LISTED PERSON PROVIDE IN PART III RELEVANT INFORMATION REGARDING THESE ITEMS: TYPE OF BENEFIT: SOCIAL CLUB DUES: THE ACS PAID FOR SOCIAL CLUB MEMBERSHIP DUES FOR THE THREE STAFF OFFICERS. THE PAYMENTS WERE TREATED AS ORDINARY AND NECESSARY BUSINESS EXPENSES. THE ACS AND THE THREE OFFICERS USED THE CLUB'S FACILITIES TO CONDUCT ACS BUSINESS ACTIVITIES. THE BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION FOR EACH EMPLOYEE. ACS DOES NOT REIMBURSE EXPENSES INCURRED FOR PERSONAL USE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ACS INTERNATIONAL LTD

    C CORP · MARKETING · DC · 100% owned · share of income $30,652,463 · share of assets $14,376,416 · controlled entity

    Directly controlled by ACS

  • ACS GROUP LIFE INSURANCE TRUST

    GRANTOR TRUST · INSURANCE · DC · 100% owned · share of income $11,056,412 · share of assets $34,481,659 · controlled entity

    Directly controlled by ACS

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202343149349304764

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.